WHAT IS THE OPTION WHEN PERSON DO NOT HAVE A PAN? FORM NO. 60,
DECLARATION BY PERSON NOT HOLDING PAN, FORM NO. 61 BY PERSON
HAVING AGRICULTURAL INCOME ONLY
Individuals who are not holding Income Tax
Permanent Account Number (PAN) can also enter into some
transactions by signing necessary declaration forms.
Person who do not hold PAN is required to make a
declaration in Form No. 60 while entering into any of
the specified transactions.
Those who earn only agricultural income
and not any other taxable income required to make a
declaration in form No. 61 in lieu of PAN.
The declaring person needs to furnish
proof of residence i the form of a copy of ration card,
passport, driving license, identity card issued by an
institution, copy of electricity bill or telephone bill
or any document or communication from a central or state
government authority or local body, along with the
declaration in form No. 60 or 61.